A monetary unit of Iceland, equal to one hundredth of a krona.
- ‘The old coin reckoning (1 mo¸rk = 8 aurar = 24 ørtogar = 240 pennies) was now changed, as far as the reckoned penny is concerned:’
Icelandic, from Old Norse, literally ‘ounce (of silver etc.), money’, probably from Latin aureus ‘golden, a golden coin’.
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